“An examination of data from the FINRA Investor Education Foundation’s National Financial Capability Study (State-by-State Survey) found that millennials are struggling financially. In particular, they exhibit a number of problematic financial behaviors, display low levels of financial literacy and express concerns about their debt. Within the millennial generation, females and minorities display signs of lower financial capability relative to males and whites, but it is millennial households with dependents that struggle the most. Despite the higher financial strain that millennials face, they express levels of financial satisfaction that are on par with gen Xers and boomers, but significantly lower than the silent generation.”